India-UK CETA takes effect July 15, cutting tariffs on cars, Scotch, cosmetics and chocolates
The India-UK trade pact enters force July 2026, phasing down duties on UK premium spirits (150% to 40% by year 10), cars (110% to 10%) and consumer goods like cosmetics and soft drinks, while opening duty-free access for Indian garments, footwear and processed food exports.
India-UK trade pact takes effect July 2026, cutting tariffs on UK cosmetics, chocolates, soft drinks, cars, and premium spirits like Scotch whisky, potentially lowering Indian consumer prices while opening duty-free access for Indian garments, footwear, and processed food exports.
Why this matters
The CETA reshapes consumer-goods tariffs both ways, following signals on duty-free garment access with standards-gap risks and premium car duty cuts from 110% to 30% boosting luxury auto retail.
Retail-brand theme accelerating at +297400% QoQ.
Also reported by
- The Hindu BusinessLine — Same time